Oxford Economics: Huawei is responsible for over 220,000 jobs in Europe

A report from Oxford Economics suggests that Huawei is responsible for over 220,000 jobs across Europe.

The report is released as Huawei faces bans across many Western countries over security concerns led by the US.

Huawei contributed €16.4 billion to Europe's GDP and supported 224,300 jobs in 2019, according to the report.

The Chinese telecoms giant holds the largest global marketshare (~35.3%) of any vendor. The second-largest, Nokia, holds less than half...